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Mobile TeleSystems PJSC (MIC:MTSS) Cyclically Adjusted PB Ratio : 4.35 (As of May. 14, 2024)


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What is Mobile TeleSystems PJSC Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Mobile TeleSystems PJSC's current share price is ₽313.10. Mobile TeleSystems PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was ₽72.03. Mobile TeleSystems PJSC's Cyclically Adjusted PB Ratio for today is 4.35.

The historical rank and industry rank for Mobile TeleSystems PJSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

MIC:MTSS's Cyclically Adjusted PB Ratio is not ranked *
in the Telecommunication Services industry.
Industry Median: 1.485
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Mobile TeleSystems PJSC's adjusted book value per share data for the three months ended in Mar. 2023 was ₽3.315. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₽72.03 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mobile TeleSystems PJSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mobile TeleSystems PJSC's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mobile TeleSystems PJSC Cyclically Adjusted PB Ratio Chart

Mobile TeleSystems PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.79 4.02 4.40 4.10 3.22

Mobile TeleSystems PJSC Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.10 3.09 3.62 3.22 3.58

Competitive Comparison of Mobile TeleSystems PJSC's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Mobile TeleSystems PJSC's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mobile TeleSystems PJSC's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Mobile TeleSystems PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mobile TeleSystems PJSC's Cyclically Adjusted PB Ratio falls into.



Mobile TeleSystems PJSC Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Mobile TeleSystems PJSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=313.10/72.03
=4.35

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mobile TeleSystems PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Mobile TeleSystems PJSC's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=3.315/235.8000*235.8000
=3.315

Current CPI (Mar. 2023) = 235.8000.

Mobile TeleSystems PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201303 62.561 119.500 123.447
201306 61.515 121.400 119.483
201309 65.130 122.800 125.062
201312 76.674 124.900 144.754
201403 81.038 127.800 149.521
201406 72.223 130.900 130.101
201409 78.049 132.700 138.688
201412 84.885 139.000 143.999
201503 85.757 149.400 135.351
201506 74.669 150.900 116.680
201509 78.136 153.500 120.029
201512 80.505 157.000 120.911
201603 83.170 160.200 122.419
201606 72.976 162.200 106.090
201609 65.617 163.300 94.749
201612 70.077 165.400 99.904
201703 71.376 167.000 100.781
201706 64.898 169.200 90.443
201709 63.431 168.200 88.924
201712 62.826 169.600 87.349
201803 69.810 171.000 96.264
201806 57.960 173.100 78.954
201809 32.633 173.900 44.249
201812 35.654 176.800 47.552
201903 36.834 179.900 48.279
201906 20.507 181.200 26.686
201909 24.579 180.800 32.056
201912 18.653 182.200 24.140
202003 30.512 184.500 38.996
202006 15.315 187.000 19.312
202009 15.317 187.400 19.273
202012 16.619 191.100 20.506
202103 26.046 195.200 31.463
202106 2.053 199.100 2.431
202109 -1.047 201.300 -1.226
202112 5.874 207.200 6.685
202203 10.007 227.800 10.358
202206 -20.856 230.800 -21.308
202212 -5.566 231.900 -5.660
202303 3.315 235.800 3.315

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Mobile TeleSystems PJSC  (MIC:MTSS) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Mobile TeleSystems PJSC Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Mobile TeleSystems PJSC's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Mobile TeleSystems PJSC (MIC:MTSS) Business Description

Traded in Other Exchanges
N/A
Address
4 Marksistskaya Street, Moscow, RUS, 109147
Mobile TeleSystems PJSC is a wireless telephone operator in Russia. The company is a large provider of fixed-line broadband and pay-TV services in the country, with a strong fixed-line presence in Moscow. The company's segment includes Telecom; Fintech and others. It generates maximum revenue from the Telecom segment.

Mobile TeleSystems PJSC (MIC:MTSS) Headlines

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